With growth in 2015, Progressive® Insurance becomes #1 U.S. Commercial Auto Insurer
Insurance Weekly News
By a News Reporter-Staff News Editor at Insurance Weekly News -- Progressive topped the 2015 list of U.S. commercial auto insurers, according to data from SNL Financial, making it the #1 commercial auto Insurer in the United States.
Each year, SNL Financial releases the Commercial Auto Competitor Report, ranking the country's top 50 commercial auto insurers by U.S. written premium. In just five years, Progressive went from the #4 writer of commercial to achieving the #1 spot because of continued growth in all of their business market segments, especially their "for-hire" segments, which include long-haul and specialty trucking risks.
"While earning the #1 ranking was never our goal, this milestone is a collective achievement that we attribute to the hard work and dedication of our Progressive employees and independent agents," said, Progressive's Commercial Lines President John Barbagallo. "We look forward to continued growth by doing what got us here - taking the time to fully understand our customers' needs and providing them with the right coverage, at the right price, with service they can depend on. That includes looking at how to best service our current book of business as well as expanding to new and evolving commercial auto markets."
State Street Enhances PAM® Platform to Enable Client Compliance with IFRS 9
Advisor News
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
- What advisors think about pooled employer plans, alternative investments
- AI, stablecoins and private market expansion may reshape financial services by 2030
More Advisor NewsAnnuity News
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
- Prismic Life Announces Completion of Oversubscribed Capital Raise
- Guaranteed income streams help preserve assets later in retirement
More Annuity NewsHealth/Employee Benefits News
- Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
- Ashley Mann:
- WAYS AND MEANS COMMITTEE CONTINUES TO EXPAND HEALTH CARE ACCESS FOR SENIORS IN RURAL AND UNDERSERVED AREAS
- Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
- Reports Summarize Pulpotomy Findings from National Health Insurance Service Ilsan Hospital (Trends and Outcomes of Vital Pulp Therapy in Korea: A Nationwide Retrospective Cohort Study): Surgery – Pulpotomy
More Health/Employee Benefits NewsLife Insurance News
- Shocking death of Kyle Busch renews debate over IUL plan
- WoodmenLife launches final expense life insurance offering
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- Symetra Wins 2026 Shorty Award for ‘Plan Well, Play Well’ Social Media Campaign with Sue Bird
- Rehabilitator: PHL Variable liquidation payouts could exceed guaranty caps
More Life Insurance News